Estonia's Tallinna Vesi Q4 revenue rises 5.9% yr/yr on investment-related price changes

Tallinna Vesi AS

06/02/2026 07:20

Overview

Estonia water utility's Q4 revenue grew 5.9% yr/yr, driven by price changes

Net profit for Q4 rose, driven by operational efficiency and investments

Company completed major infrastructure projects and received environmental awards

Outlook

Tallinna Vesi continues smart meter installation, aiming for completion in 2026

Company plans ongoing water treatment plant activities and wastewater treatment upgrades

Tallinna Vesi focuses on balancing investment needs with affordability of water services

Result Drivers

PRICE CHANGES - Revenue growth driven by price changes related to investments

INVESTMENTS - €18.6 mln invested in Q4, focusing on infrastructure and environmental projects

COGENERATION PLANT - Contributed significantly to financial results by producing energy for wastewater treatment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
EUR 18.92 mln
Q4 Net Income
EUR 4.51 mln
Q4 Gross Margin
41.91%
Q4 Operating Income
EUR 5.65 mln
Q4 Operating Income Margin
29.85%
Q4 Pretax Profit
EUR 4.67 mln


Press Release: ID:nGNE3NCznC

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)